NOT LISTED FOR SALE

314 Murat St Tallahassee, FL 32304

University Neighborhood

Estimated Value: $229,000 - $269,006

3 Beds
1 Bath
1,097 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $252,000 $230 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,666/month

96 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • 1 Car Garage

About This Home

As of September 2023

This property has great potential for generating additional income or can be combined with listed 1802 Lenora Dr (Listing #358507 - 0.23 Acres) for a total of 0.46 Acres in University Transtition Zoning (50 units per Acre). With the fully enclosed garage, it could easily be converted into an extra bedroom or living space. This would allow for the opportunity to raise rents to an average of 3K per month, making this property an even more attractive investment. The location is also ideal for student housing, as it is within walking distance to FSU and a short commute to TCC, Lively, and FAMU. The charming curb appeal and spacious backyard with a concrete patio make it a great place for entertaining guests. The 2015 roof and fully fenced yard add to the value of this investment. With so many possibilities, this property is definitely worth considering for any savvy real estate investor. Lease already signed for next year at 1700.

Last Agent to Sell the Property

Jacob Leoni

Volare Real Estate Company License #3470861 Listed on: 05/02/2023

Volare Real Estate Company

Last Buyer's Agent

Barry Bevis

Bevis Realty License #3131208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1951

Lot Details

  • 10,019

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,097 Sq Ft Home
  • Separate Formal Living Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Riley Elementary School
  • NIMS Middle School
  • Godby High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Patio
  • 10,019 Sq Ft Lot

Community Details

  • Murat Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / E
  • Assessor Parcel Number 12073-21-34-46- E-006-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,291

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Inside Capital Circle: Yes
  • Lot: 6
  • Miscellaneous: Patio
  • Road Frontage Type: Maint - Gvt.
  • Sold Price Per Sq Ft: 229.72
  • Style Exterior: Traditional/Classical
  • Subdivision: MURAT
  • Tax Database Id: 9
  • Tax Item Number: 213446 E0060
  • Type: Detached Single Family
  • L V T Date: 05/02/2023
  • Street Designation: Street
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 1097
  • Year Built: 1951
  • Directions: W on pensacola L on Rivoli R on belle vue L on Murat 4th house on right
  • Elementary School: RILEY
  • Geo Longitude: -84.311323
  • High School: GODBY
  • Middle School: NIMS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Range/Oven
  • Floor Plan: Bedroom - Split Plan
  • Kitchen Dim: 12x9
  • Living Area Description: Separate Kitchen, Separate Living Room
  • Master Bedroom Dim: 9x13
  • Other Rooms: Garage Enclosed

Exterior Features

  • Construction: Siding - Vinyl
  • Number Of Acres: 0.23

Garage/Parking

  • Garage: Garage - 1 Car

Utilities

  • Heating: Central
  • Cooling: Central
  • Water Heater: Gas
  • Utility Provider: COT: Gas, COT: Electric, COT: Water, COT: Sewer

Schools

  • Elementary School: RILEY
  • Middle School: NIMS
  • High School: GODBY

Lot Info

  • Lot Dimensions: 89 x 115 x 89 x 115
  • Geo Subdivision: FL

Tax Info

  • Taxes: 2657
  • Assessor Parcel Number: 12073-21-34-46- E-006-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 24, 2021
Sold by
Parks Eric Daniel
Bought by
Sandpear Llc
Seller's Agent
Rebecca Mayhann
Rebecca Mayhann Properties
Buyer's Agent
Jacob Leoni
Volare Real Estate Company
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Current Estimated Value
$254,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,188
Avg. Annual Appreciation
17.22%
Original Mortgage
$112,000
Outstanding Balance
$103,235
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$156,098
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sandpear Llc $140,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandpear Llc $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $252,000 -8.4% $230 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $275,000 -8.3% $251 / Sq Ft
05/08/2023 05/08/23 Price Changed $299,999 0.0% $273 / Sq Ft
05/02/2023 05/02/23 For Sale $300,000 0.0% $273 / Sq Ft
07/20/2022 07/20/22 Rented $1,600 0.0% --
07/14/2022 07/14/22 For Rent $1,600 0.0% --
09/24/2021 09/24/21 Sold $140,000 -6.0% $128 / Sq Ft
08/25/2021 08/25/21 Price Changed $149,000 -6.9% $136 / Sq Ft
07/21/2021 07/21/21 For Sale $160,000 -- $146 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,291 $171,059 $35,000 $136,059
2023 $3,027 $155,597 $0 $0
2022 $2,657 $141,452 $25,000 $116,452
2021 $2,410 $125,559 $25,000 $100,559
2020 $2,251 $119,062 $25,000 $94,062
2019 $2,173 $113,691 $25,000 $88,691
2018 $539 $58,976 $0 $0
2017 $539 $57,763 $0 $0
2016 $540 $56,575 $0 $0
2015 $541 $56,182 $0 $0
2014 $541 $55,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacob Leoni

    Seller's Agent in 2023

    Jacob Leoni

    Volare Real Estate Company

    (603) 991-2058

    25 in this area

    37 Total Sales

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  • Barry Bevis

    Buyer's Agent in 2023

    Barry Bevis

    Bevis Realty

    (850) 491-3600

    25 in this area

    188 Total Sales

    Section Image
  • Rebecca Mayhann

    Seller's Agent in 2021

    Rebecca Mayhann

    Rebecca Mayhann Properties

    (850) 661-5386

    7 in this area

    104 Total Sales

    Section Image
  • HaileyBrooke Eby

    Seller Co-Listing Agent in 2021

    HaileyBrooke Eby

    Rebecca Mayhann Properties

    (850) 321-1455

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 358256

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 21-34-46-00E-006.0

Florida Leon County Tallahassee 32304 University

314 Murat St, Tallahassee, FL

This home is located at 314 Murat St, Tallahassee, FL 32304 since 02 May 2023 and is currently estimated at $246,502, approximately $224 per square foot. This property was built in 1951. 314 Murat St is a home located in Leon County with nearby schools including John G Riley Elementary School, R. Frank Nims Middle School, and Amos P. Godby High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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